In my opinion based on BTC's price hike history, it needs to rally to about 15% from its current value for Altcoins to rally as well. For it to happen it needs more institutional investors like coming from nation states and it needs time.
However many are expecting the rally to come or happen in the coming weeks because of ETFs of altcoins getting approved and because of that we needed to be more patient because after all, as time goes by, crypto prices goes up especially for BTC and now for major Altcoins where small cap coins follows them too.